investments

M&A

Compact Metal Industries to acquire partially completed cement plant in Africa for $41 mil

SINGAPORE (June 21): Compact Metal Industries is seeking to acquire a 51% interest in a partially completed cement plant in Salamanga, Bela Vista, Maputo Province, Mozambique for US$30 million ($40.8 million), subject to shareholder approval at the EGM. 

Seven questions on corporate bonds answered

SINGAPORE (Mar 22): Investors face a constant dilemma over which assets, such as shares, bonds and property, to invest in. The answer is often that a mix of assets can help meet your goals. Different investments can perform well at different times. For ex

Property

KSH, Oxley, Heeton and Lian Beng invest $30 mil in Gaobeidian project developer

SINGAPORE (Jan 23): KSH Holdings and KAP Holdings (China), an Oxley, Heeton and Lian Beng JV, are investing RMB145 million ($29.8 million) in the developer of a property project in Gaobeidian in Hebei province in China.

Startups, Entrepreneurs, Digital economy

Singapore ends 2017 with US$1.2 bil in VC investments; deal activity to remain robust in 2018: KPMG

SINGAPORE (Jan 18): Singapore closed 2017 with US$1.2 billion ($1.6 billion) worth of venture capital (VC) investments across 112 deals, with exit value of investments reaching US$1.6 billion across eight exits and a total of US$732.9 million raised from

Property

Chip Eng Seng to acquire 60% stake in Ho Chi Minh City mixed development for $26.3 mil

SINGAPORE (Jan 2): Chip Eng Seng’s subsidiary in Vietnam, Viet Investment Link Joint Stock (VietLink) is acquiring a 60% stake in a Vietnam development known as Soai Kinh Lam Apartment – Commerce Center, in District 5 of Ho Chi Minh City, for US$19.7

M&A

GKE Corp in new JV to expand specialised chemical services

SINGAPORE (Dec 21): Logistics providers GKE Corporation and Kleio One-Solution have set up a joint venture called G-Chem Logistics for a total consideration of $0.46 million.

Singapore economy

Singapore's corporate deals, IPOs grow 15% to cross US$100 bil in 2017

SINGAPORE (Dec 12): Singapore has seen the value of mergers and acquisitions (M&A), private equity and venture capital investments, and initial public offerings (IPO) hit US$101.9 billion ($137.7 billion) for 2017, growing over 15% compared to 2016.

Results

EY posts US$31 bil in FY17 global revenue with highest growth rate from Asia Pacific

SINGAPORE (Sept 5): EY, the multinational professional services firm, posted a 7.8% growth in combined global revenues to US$31.4 billion ($42.6 billion) for the full year ended June from a year ago.

Tech

Netflix rival iflix gets $181 mil boost with new investors including EDBI

SINGAPORE (Aug 8): Malaysian streaming provider iflix today announced the completion of a US$133 million ($181 million) funding round, which brings its total funding raised in the current year to an excess of US$220 million.
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